Zynga hit with insider trading lawsuits

Zynga’s stock has crated to about $3, from an IPO price of $10. More importantly, it’s down from $12 when Zynga had a secondary offering of shares in April earlier this year. During that secondary offering, insiders like Mark Pincus and a number of investors cashed out, selling about $516 million in stock. Read more here at […]